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Unformatted text preview: over foreign subsidiaries occasionally encounter this problem because of laws in the individual localities. Regulations requiring a certain percentage of local ownership as a prerequisite for operating within a country can mandate issuance fo new shares. Hoyle, J. B., Schaefer, T. F., &amp; Doupnik, T. S. (2011). Advanced Accounting (10 th ed.). NewYork, NY: McGraw-Hill/Irwin. Volkan, A. (n.d.). Accounting for subsidiary stock transactions. Retrieved from http://www.allbusiness.com/accounting/465519-1.html...
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This note was uploaded on 10/29/2011 for the course ADVANCED A 4110 taught by Professor Fridel during the Spring '11 term at University of Minnesota Duluth.
- Spring '11